Outstanding rent of proprietor
Querist : Anonymous
Rent Of Rs 12,000 is still due at the at of accounting year, and 1/4 of building is used by proprietor's Son.
to liabilities
there is no entry unless son pays the share of his use.
Rent A/c DR 9000
Proprietor's A/c DR 3000
To Landlord A/c
Querist : Anonymous
Can I Do in following way
Debit Rent A/C 9000
Debit Drawing A/C 3000
Credit. Outstanding Rent 12000
Click here to login now
Similar Resolved Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Event company query
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
Trending Online Classes
CAclubindia
